Solana is Bitcoin 3.0 SOL is more decentralized, more scalable, more programmable, more private, more secure & more scarce All based on measurable objective metrics! So, if you care about cypherpunk values, stop playing pretend with a pet rock & join the crypto revolution: 🧵 There is narrative & then there is reality. SOL deserves to be the top chain based on the facts. Let me explain: More decentralized: Decentralization is a spectrum defined by multiple metrics. We will compare the major ones here now Nakamoto Cooificient is the measure of how many entities it would take to attack the network: BTC has an NC of 3 & SOL has an NC of 21! Validator count represents the number of block producers. In the case of BTC, we therefore count the number of pools & solo miners: BTC has 92 validators & SOL has 827! Governance determines who & how the rules are decided upon: BTC has centralized authoritarian governance (Core) & SOL has decentralized stakeholder governance! More scalable: SOL has 2857x more capacity & is 1538x faster than BTC! The difference is beyond ridiculous at this point. That is what makes BTC unusable for any significant use cases Even if only current active users tried to do one TX, the network would collapse in on itself, creating a bank-run-like scenario, as the queue would be months long While the queue would be decades long if everyone in the world tried to do one TX, that is a disaster waiting to happen. Meanwhile, SOL has enough capacity to actually support the future of money & finance right now! More programmable: BTC is not programmable as it lacks a Turing-complete virtual machine. That is also why real DeFi is impossible over BTC A significant problem is that decentralized money requires good decentralized finance to support it; otherwise, most people will end up putting their BTC into centralized custodians to access financial services that way. Defeating the whole point of crypto in the first place SOL has the SVM, making it programmable, enabling it to support all manner of DeFi applications! More private: By combining scalability & programmability, SOL can support privacy at scale by leveraging third-party smart contracts. Applications such as Privacy Cash are a good example of this. Allowing users to obscure balances & transfers! BTC is utterly incapable of supporting privacy at scale, both due to its lack of scalability & programmability More secure: We can calculate the security budget of a blockchain based on the cost to attack BTC: 16.42B (inflation) + 0.14B (fees) = 16.56B x 0.51 (attack threshold) = $8.44B SOL: 74B (market cap) x 0.67 (stake partipication rate) = 49.58B + 1.42B (fees) + 7.7B (MEV) + 5.26B (inflation) = 63.96B x 0.33 (attack threshold) = $21.1B Therefore, SOL is more than twice as secure as BTC at only a fraction of BTC's market cap. Demonstrating how much more secure PoS really is! Another interesting observation is that, as a percentage of market cap, BTC's security budget is 0.47%, while SOL's relative security is 28%! More scarce: The truth is that BTC's security model is not sustainable, as it has dropped over the last five years. I project it will continue to drop over the next decade until 51% attacks become profitable to carry out At which point the Core developers will be forced to increase BTC's inflation rate, something Core devs such as Peter Todd are already preparing for by proposing a 1% inflation rate for when the security crisis inevitably comes SOL has a low long-term tail inflation (1.5%) + fee-burn design. The idea behind this design is that if fees continue to grow that the burn rate would exceed the inflation rate, allowing for a shrinking supply! Granted, this last point is more speculative at this stage, but so is BTC's long-term inflation rate! As SOL's burn would only need to exceed 0.5% to beat BTC in this metric in a decade from now. That is why I consider SOL to have a more scarce & therefore more sound economic design Conclusion: It is only a matter of time before the rest of the market figures out the truth: BTC cannot sustain itself on lies forever Rhetoric & narrative can only take BTC so far, when the facts & figures so clearly put SOL in the lead today in every single way imaginable So, if you care about Bitcoin's original vision, cypherpunk values & the crypto ethos, abandon BTC & support SOL instead. That is iteration, that is technological evolution, that is progress Staying behind on BTC is not loyalty to the cause; it is blind tribalism destroying the cypherpunk dream Thank you so much, Solana, for giving us a third chance to get the crypto revolution right! ❤️